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Data Center Cooling Market worth $28.23 billion by 2030, growing at a CAGR of 11.65% - Exclusive Report by 360iResearch
Data Center Cooling Market | 360iResearch
The Global Data Center Cooling Market to grow from USD 13.04 billion in 2023 to USD 28.23 billion by 2030, at a CAGR of 11.65%.
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Data center cooling refers to the various processes and technologies used to maintain an optimal temperature within a data center environment. Data centers include many servers and networking equipment that generate significant amounts of heat during operation. Effective cooling is crucial to ensure that this equipment operates within its safe temperature thresholds, thereby maximizing reliability and performing efficiently. The escalating requirement for data center services, fueled by big data analytics, artificial intelligence, and the implementation of machine learning algorithms across industries, has propelled the construction of new data centers around the world, stimulating the adoption of modern cooling solutions that are scalable, adaptable to various climates, and capable of sustaining the increased heat loads imposed by high-performance computing systems. However, technical issues in data center cooling solutions may adversely impact their functionality and prevent end-use sectors from using data center cooling solutions. Moreover, ongoing research and development to innovate and offer energy-efficient, environmentally friendly, and cost-effective solutions that meet the evolving requirements of data center operators are anticipated to expand the use of data center cooling solutions worldwide.
The data center cooling market is evolving in the Americas owing to the presence of tech giants, a large number of data centers, and the demand for energy-efficient and advanced cooling systems. The escalating demand for data centers and stringent EU energy efficiency regulations drive Europe's data center cooling market. The Middle East, in particular, with its hot climate, creates a challenging environment for data center operation, propelling the demand for efficient data center cooling solutions. Africa's digital transformation is gradually increasing demand for data centers and associated cooling systems to support the increased IT load. The Asia-Pacific region is witnessing growth in the data center cooling market, primarily fueled by the surge in data consumption and the rising adoption of cloud services in economies such as China, Japan, India, and Singapore and supportive government policies regarding infrastructure development. The APAC region represents an increase in the adoption of innovative cooling techniques, such as immersion and district cooling, taking advantage of the varied climatic conditions to enhance efficiency.
Market Segmentation & Coverage:
This research report categorizes the Data Center Cooling Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Offering, market is studied across Services and Solution. The Services is further studied across Consulting, Installation & Deployment, and Maintenance & Support. The Solution is further studied across Air Conditioning, Chilling Units, Control Systems, Cooling Towers, Economizer Systems, and Liquid Cooling Systems. The Services is projected to witness significant market share during forecast period.
Based on Type of Cooling, market is studied across Room-based Cooling and Row/Rack-based Cooling. The Row/Rack-based Cooling is projected to witness significant market share during forecast period.
Based on Data Center Type, market is studied across Enterprise Data Centers, Large Scale Data Centers, and Mid Size Data Centers. The Mid Size Data Centers is projected to witness significant market share during forecast period.
Based on Application, market is studied across BFSI, Energy, Healthcare, IT, Retail, and Telecom. The Healthcare is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 37.22% in 2023, followed by Europe, Middle East & Africa.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Data Center Cooling Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Data Center Cooling Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Data Center Cooling Market, highlighting leading vendors and their innovative profiles. These include Abb Ltd., Alfa Laval AB, Asetek, Inc., Black Box Corporation, Climaveneta, Coolcentric, Danfoss A/S, Dell Inc., Delta Power Solutions, Exxon Mobil Corporation, Fujitsu Limited, Heatex, Hitachi, Ltd., Infineon Technologies AG, Munters, Nortek Air Solutions, LLC, NTT Limited, Raritan Inc., Rittal GmbH & Co. KG, Schneider Electric SE, SPX Cooling Tech, LLC, STULZ GMBH, The Dow Chemical Company, and Vertiv Group Corp..
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Data Center Cooling Market, by Offering
7. Data Center Cooling Market, by Type of Cooling
8. Data Center Cooling Market, by Data Center Type
9. Data Center Cooling Market, by Application
10. Americas Data Center Cooling Market
11. Asia-Pacific Data Center Cooling Market
12. Europe, Middle East & Africa Data Center Cooling Market
13. Competitive Landscape
14. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Data Center Cooling Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Data Center Cooling Market?
3. What is the competitive strategic window for opportunities in the Data Center Cooling Market?
4. What are the technology trends and regulatory frameworks in the Data Center Cooling Market?
5. What is the market share of the leading vendors in the Data Center Cooling Market?
6. What modes and strategic moves are considered suitable for entering the Data Center Cooling Market?
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About 360iResearch
360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
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